Safety concerns surrounding ammonia bunkering and the design of ammonia-bunkering vessels are in the spotlight as the maritime industry explores ammonia as a potential green fuel. Despite ammonia’s well-known toxicity, it has been successfully transported as cargo on LPG ships in recent years. Now,
Energy major Shell has carried out the first-ever cruise ship liquefied natural gas (LNG) bunkering operation at the Port of Gibraltar.
Italian shipbuilding giant Fincantieri has secured a substantial €800 million (USD 845 million) medium/long-term sustainability-linked loan. The loan, which spans five years, with a pre-amortization period of three years, will support Fincantieri’s organic growth and burgeoning workload. As informed
The Port of Kiel has opened two shore power facilities at the Ostuferhafen, consisting of a 50/60 Hz shore power facility for cruise ships and ferries as well as a 50 Hz shore power facility for ferries.
French designer and manufacturer of wingsail solution AYRO has secured a 19.2 million € ($21 m) Series B round financing for its OceanWings.
The American Bureau of Shipping (ABS) and Asiatic Lloyd Maritime LLP, member of the AL Group, have signed a joint development project (JDP) to study the feasibility of converting the fuel system of an ultramax bulk carrier, from conventional diesel to methanol. The study is focused on a series of up
Ammonia-powered container vessels are technically feasible and their development can meet acceptable preliminary safety concepts, according to the insights from a concept design study carried out by Maersk Mc-Kinney Moller Center for Zero Carbon Shipping, in partnership with Seaspan, ABS, and Foresh
Enova, a Norwegian government enterprise, has decided to invest NOK 709 million ($65.6 million) to provide financcial support for zero-emission ship and technology projects.
Value Maritime has completed the first in a series of nine installations of its emissions-reducing Filtree systems for chemical tanker company Ardmore Shipping Corporation.
Onboard carbon capture and nuclear propulsion, previously regarded as ambitious concepts, are not only mere contenders in the quest for cleaner shipping but formidable ones, fully capable of taking on established decarbonization solutions, according to the recent findings from DNV. DNV has conducted
Marlink, a French smart network and digital solutions company, has secured a contract to extend its smart hybrid network solutions onboard ships owned by Japanese shipping major NYK.
Sweden’s Plagazi has announced a project with compatriot Gotlandsbolaget for the supply of hydrogen for the next-generation ’Gotland Horizon’ fleet. The plan is for Gotlandsbolaget’s next-generation hydrogen-powered maritime transport vessels to utilize Plagazi’s hydrogen as fuel and enable Gotlands
Klaveness Combination Carriers (KCC) has revealed that MV Ballard, the youngest vessel in the CABU fleet, has completed dry dock and a series of sea trials after installing an air lubrication system developed by Silverstream Technologies.
In the ever-evolving quest to decarbonize the shipping industry, ammonia has emerged as the frontrunner, while methanol, despite its current hype, plays a comparatively smaller role, according to the International Energy Agency’s (IEA) 2023 Net Zero Roadmap report. The IEA’s 2023 Net Zero Roadmap se
